It’s no secret the 2020 COVID-19 pandemic has caused major disruption to the economy. As the United States continues to get hit hard by the pandemic, unemployment filings are reaching record highs and many Americans, rich or poor, struggle with access to liquidity. While simple answers are hard to come by, some investors are finding a good solution in securities-based lending (SBL) through digital access provided by Supernova Technology (Supernova).
Supernova is the technology leader in SBL. We offer the industry’s only cloud-based, end-to-end digital SBL solution. Since the onset of the COVID-19 pandemic, our enterprise customers have benefited from a growing demand for SBL, owing to its ability to arm investors with fast and digital access to cash in times of need. Since the start of the pandemic, we have observed:
To read more about our observations during the COVID-19 pandemic, read our new paper, available here.